Origination

The Federal Reserve said the U.S. economic expansion remained “moderate” amid gains in manufacturing, housing and autos that offset weakness in defense-related industries in some regions.

At the end of the first quarter, Horizon had $143.6 million of mortgage warehouse loans on its balance sheet.

Salem Five and Salem, Mass., are establishing a fund for the family of Bill Richard, whose eight-year-old son, Martin, was killed in the Boston Marathon bombing.

Xerox has restructured its signature lending platform to facilitate data exchanges between lenders, servicers, investors and third parties.

From smartphones and tablets to social networking, technology infiltrated the way we live so immensely it is hard to imagine not having them constantly at our fingertips.

It would almost seem reasonable for large banks to first extend the Home Affordable Refinance Program to those most at-risk, but many still need help.

Housing and Urban Development secretary Shaun Donovan is pressing House and Senate Banking leaders for the authority to regulate FHA’s reverse mortgage program through the issuance of mortgagee letters.

The residential mortgage banking segment at PNC Financial Services Group reported income of $45 million in the first quarter.

Commercial and multifamily mortgage bankers closed $244.2 billion of loans in 2012.

Zacks pointed out that Flagstar not only is a survivor, it remains a strong player in the mortgage space.